Principal Securities Inc. Purchases 289 Shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF)

Principal Securities Inc. boosted its position in iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) by 3.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,058 shares of the company’s stock after buying an additional 289 shares during the period. Principal Securities Inc.’s holdings in iShares U.S. Healthcare Providers ETF were worth $483,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IHF. Creative Planning increased its position in iShares U.S. Healthcare Providers ETF by 9.1% in the 3rd quarter. Creative Planning now owns 31,867 shares of the company’s stock valued at $1,820,000 after buying an additional 2,671 shares in the last quarter. International Assets Investment Management LLC increased its position in iShares U.S. Healthcare Providers ETF by 5,132.9% in the 3rd quarter. International Assets Investment Management LLC now owns 56,254 shares of the company’s stock valued at $3,213,000 after buying an additional 55,179 shares in the last quarter. PFG Investments LLC increased its position in iShares U.S. Healthcare Providers ETF by 19.1% in the 3rd quarter. PFG Investments LLC now owns 9,163 shares of the company’s stock valued at $523,000 after buying an additional 1,468 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in iShares U.S. Healthcare Providers ETF in the 3rd quarter valued at about $202,000. Finally, Leuthold Group LLC increased its position in iShares U.S. Healthcare Providers ETF by 23.7% in the 3rd quarter. Leuthold Group LLC now owns 70,448 shares of the company’s stock valued at $4,023,000 after buying an additional 13,506 shares in the last quarter.

iShares U.S. Healthcare Providers ETF Price Performance

Shares of iShares U.S. Healthcare Providers ETF stock opened at $50.34 on Friday. iShares U.S. Healthcare Providers ETF has a one year low of $47.21 and a one year high of $58.94. The firm has a market capitalization of $750.07 million, a price-to-earnings ratio of 4.28 and a beta of 0.47. The business has a 50-day simple moving average of $50.46 and a 200 day simple moving average of $53.53.

About iShares U.S. Healthcare Providers ETF

The iShares U.S. Healthcare Providers ETF (IHF) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a cap-weighted index of US companies that provide healthcare services. IHF was launched on May 1, 2006 and is managed by BlackRock.